New Zealand Economic
New Zealand economic is relatively small comparing to another country in the Asia Pacific such as Australia. However, the service contributed a large percentage to NZ GDP. The food and beverage industry has steady growth and play a significant role in New Zealand’s economy According to Deloitte state that, the food and beverage industry is one of the largest manufacture in New Zealand which will be influenced to be wealthy of NZ in the future food(NZIER, 2009).Especially, wine industry has become faster and faster day in, day out. There were a lot of companies focusing on this element and getting great succeeds. One of them, Delegates Group Limited (DGL) is the most typical example. This report will have a deep analysis about brief background of the company to find out the reason why it can become one of the leading producers in New Zealand.
The financial data are collected from various sources. The first is Delegates Group Limited (DGL) providing the reliable information. Moreover, the Annual Report of DGL is audited by Ernst and Young which is one of the fifth largest financial incorporation all over the world. Others are NZX Company Research, NZX Time Series and some various New Zealand web pages.
The business report is based on the 2010 annual report of is Delegates Group Limited (DGL) that is the newest. Therefore, there is some inappropriate information with present and future investment circumstances. However, investors can predict and give the future decisions based on the present financial statements and world economic.